British Navy: Reports say crew have abandoned ship.

Market news: The British Navy received an incident report 35 nautical miles south of Muha, Yemen.

Willie Walsh, Director General of the International Air Transport Association: The global aviation industry will grow at an annual rate of 3.3% in the next 20 years. During the same period, the Asia-Pacific region may lead the growth of the global aviation industry at an annual rate of 4.5%.

Willie Walsh, Director General of the International Air Transport Association: Supply chain problems in the aviation industry may last for several years.

According to AFP: Papua New Guinea police said the death toll in tribal conflicts rose to 64.

Japanese Prime Minister Fumio Kishida: Will continue to support Ukraine’s economic development.

Spot gold stood at $2020 per ounce, up 0.34% on the day.

Singapore’s Transport Minister releases Singapore’s sustainable aviation hub blueprint. From 2026, all departing flights will be required to use sustainable aviation fuel (SAF).

SoftBank Group rose 3.2%; SoftBank CEO Masayoshi Son is reported to be setting up a chip company.

Nintendo fell as much as 7.8% after the company reportedly delayed the release of Switch 2.

The Rightmove average asking price index in the UK was 0.9% monthly in February, compared with the previous value of 1.30%.

Bank of New Zealand: The Reserve Bank of New Zealand is now expected to cut interest rates in November instead of August.

The three major U.S. stock index futures opened basically flat on Monday.

WTI crude oil opened flat on Monday and is currently trading at $78.1 per barrel.

Spot gold and silver opened with little fluctuation, at $2014.2 per ounce and $23.35 per ounce respectively.

According to Nikkei: Hokkaido, Japan, is considering imposing a tourist tax of 100-500 yen on accommodation.

According to Nikkei: Japan’s Financial Services Agency is considering requiring major companies to disclose emissions.

UK Maritime Trade Operations Office: The crew on board the ship south of Mocha, Yemen, is safe after the captain reported damage to the vessel after a nearby explosion.

British Maritime Security Company Ambrey: A Belize-flagged, British-registered, Lebanese-operated general cargo ship was reported to have been attacked in the Bab el-Mandeb Strait.